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How to apply for a student loan in Nigeria
How to apply for a student loan in Nigeria
Students in federal government-owned tertiary institutions will be the first batch of beneficiaries of the student loan scheme.
Newstrends reports that President Tinubu on April 3 signed into law the bill on the scheme in line with his electoral promise that no Nigerian student would drop out of school on account of lack of funds.
Applying for a student loan can be a daunting task, especially with the numerous forms and requirements involved.
However, with the right guidance, the process can be a smooth and straightforward one. In this essay, we will explore the step-by-step process of applying for a student loan, specifically through the NELFUND platform.
Here is how to apply for a student loan in Nigeria
1. The first step in applying for a student loan through NELFUND is to log into the loan application portal on the NELFUND website (www.nelf.gov.ng).
2. Once on the website, navigate to the student loan portal and create an account or log in if you already have an existing account. Creating an account is essential as it allows you to save your progress and access your application at any time.
3. Once you have logged into the portal, you will be required to provide certain documents to complete your application. These documents typically include:
- Joint Admissions and Matriculation Board (JAMB) admission letter,
- National Identification Number (NIN),
- Bank Verification Number (BVN).
These documents are necessary to verify your identity, academic status, and financial need, which are crucial factors in determining your eligibility for a student loan.
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4. After gathering all the necessary documents, you can proceed to fill out the loan application form. The form will require you to provide personal details such as your name, contact information, and date of birth, as well as academic information like your course of study, institution, and level of study. Additionally, you will need to provide details about your financial need, including information about your income, expenses, and any other sources of funding you may have.
5. After completing the application form, it is essential to review it thoroughly before submitting it. Check for any errors or missing information and make sure all the required documents are attached. Once you are satisfied with your application, you can submit it through the portal.
6. After submitting your application, you will receive a confirmation email from NELFUND with further instructions. This email may contain details about the next steps in the application process, such as providing additional documentation or attending an interview. It is crucial to follow these instructions promptly to ensure that your application is processed efficiently.
Applying for a student loan through NELFUND can be a straightforward process if you follow the steps outlined above. By logging into the loan application portal, creating an account, providing the necessary documents, completing the application form, and submitting it, you can increase your chances of securing the financial assistance you need to pursue your education.
Remember to review your application carefully and follow any instructions given to you by NELFUND to ensure a smooth application process.
How to apply for a student loan in Nigeria
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News
Just in: Supreme Court Orders Final Forfeiture of Emefiele’s Assets, Ends Legal Battle
Just in: Supreme Court Orders Final Forfeiture of Emefiele’s Assets, Ends Legal Battle
The Supreme Court has brought an end to the legal battle over the assets linked to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, affirming their final forfeiture to the Federal Government.
In a unanimous judgment delivered by a five-member panel led by Justice Ibrahim Saulawa, the apex court overturned the decision of the Court of Appeal in Lagos, which had earlier nullified the forfeiture order and directed that the case be retried.
The Supreme Court held that the Court of Appeal erred in setting aside the judgment of the Federal High Court in Lagos, thereby restoring the lower court’s order for the final forfeiture of the properties.
The ruling effectively ends Emefiele’s challenge against the forfeiture order and marks another significant legal victory for the Economic and Financial Crimes Commission (EFCC) in its ongoing prosecution of high-profile corruption and financial crime cases.
The properties were among assets the EFCC alleged were acquired through proceeds of unlawful activities during Emefiele’s tenure as governor of the apex bank.
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Following its investigation, the anti-graft agency had approached the Federal High Court for their permanent forfeiture, a request the court granted.
However, Emefiele challenged the decision at the Court of Appeal, which set aside the forfeiture order and directed that the matter be heard afresh. Dissatisfied with that judgment, the EFCC appealed to the Supreme Court.
With Friday’s verdict, the apex court has reinstated the Federal High Court’s decision, bringing the protracted dispute over the ownership of the properties to a close.
Emefiele, who served as CBN Governor from 2014 until his suspension by President Bola Tinubu in June 2023, has since been facing multiple criminal charges bordering on alleged abuse of office, procurement fraud and financial misconduct.
He has consistently denied all the allegations against him. The Supreme Court’s latest decision is one of several legal developments arising from the investigations into his stewardship at the nation’s apex bank.
Just in: Supreme Court Orders Final Forfeiture of Emefiele’s Assets, Ends Legal Battle
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US House approves bill proposing 50% cut in aid to Nigeria over alleged Christian persecution
US House approves bill proposing 50% cut in aid to Nigeria over alleged Christian persecution
The United States House of Representatives has approved a key appropriations bill that proposes withholding 50% of certain U.S. assistance to Nigeria until the Nigerian government demonstrates measurable progress in protecting Christian communities from religiously motivated violence.
The provision is contained in the Fiscal Year 2027 National Security, Department of State, and Related Programs (NSRP) Appropriations Bill, which was passed by the House on Wednesday. The legislation allocates $47.32 billion in discretionary funding for diplomacy, national security and related programmes, representing a reduction of about $2.69 billion, or six per cent, from the FY2026 enacted level.
However, the proposal has not yet become U.S. law. It must still pass the remaining stages of the legislative process, including consideration by the Senate and presidential approval, before the aid restrictions can take effect.
Under the House-approved bill, 50% of eligible U.S. assistance to Nigeria would be withheld until the U.S. Secretary of State certifies that the Nigerian government has taken measurable steps to protect Christians affected by religiously motivated attacks and improve security in vulnerable communities.
The accompanying House Appropriations Committee report expressed concern over persistent violence in parts of Nigeria, particularly in the Middle Belt, and referenced the Palm Sunday massacre as one of the incidents highlighting the need for stronger government action against perpetrators of violence.
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The committee also urged Nigerian authorities to ensure accountability for those responsible for attacks on civilians and improve measures to safeguard communities affected by insecurity.
The provision was championed by Congressman Riley M. Moore, who argued that the measure is intended to pressure the Nigerian government to strengthen protection for Christian communities and improve its response to religious violence.
According to Moore, the legislation sends a clear message that the United States expects greater accountability while continuing to support victims of religious persecution around the world.
Beyond the proposed aid restrictions, the bill directs that funding under the Security Sector Programme/National Security Account be used to support efforts aimed at tackling insecurity in Nigeria’s Middle Belt, including attacks attributed in the committee report to Fulani militias.
The legislation also instructs the U.S. State Department to assess whether the Nigerian government is facilitating the safe return of internally displaced persons (IDPs) to their ancestral communities. The findings will form part of the certification process required before the withheld assistance can be released.
In addition, the State Department would be required to submit reports to Congress within 45 to 60 days detailing efforts to address violence against Christian communities, improve accountability for violations of religious freedom, and evaluate progress made by Nigerian authorities.
To reinforce these objectives, lawmakers proposed an additional $2 million under the International Narcotics Control and Law Enforcement account to support atrocity prevention initiatives, with part of the funding earmarked for programmes addressing violence in Nigeria’s Middle Belt.
The committee also encouraged stronger partnerships with Nigerian security agencies to improve professionalism, operational capacity and accountability in law enforcement as part of broader efforts to reduce insecurity.
Another provision directs the Secretary of State to assess the impact of Nigeria’s blasphemy laws in the annual International Religious Freedom Report, reflecting growing congressional interest in issues relating to religious liberty.
The broader appropriations package also includes provisions affecting global health funding, migration policy, foreign military financing and international broadcasting, in line with the United States’ evolving foreign policy priorities.
Supporters of the proposal argue that conditioning foreign assistance on measurable improvements in security and human rights will encourage stronger government action against violence.
However, analysts note that the proposal is likely to generate diplomatic discussions between Nigeria and the United States, with debates expected over its potential impact on humanitarian programmes, security cooperation and bilateral relations.
If eventually enacted, the measure could reshape aspects of U.S.-Nigeria relations, particularly in the areas of security assistance, religious freedom, human rights and counterterrorism cooperation.
US House approves bill proposing 50% cut in aid to Nigeria over alleged Christian persecution
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Senate passes Bill proposing N50,000 fine for preaching, hawking in commercial buses
Senate passes Bill proposing N50,000 fine for preaching, hawking in commercial buses
The Nigerian Senate has passed the Federal Road Safety Corps (FRSC) Amendment Bill, 2026, proposing significantly tougher penalties for traffic offences, including a N50,000 fine for individuals who preach, hawk or engage in trading inside commercial buses.
The landmark legislation, approved during plenary on Thursday, is part of ongoing efforts to strengthen road safety in Nigeria, improve compliance with traffic regulations and reduce the rising number of road crashes across the country.
However, the bill has not yet become law. It will only take legal effect after receiving presidential assent from President Bola Tinubu.
One of the most notable provisions of the proposed amendment is the introduction of a N50,000 fine for anyone found preaching, hawking or carrying out commercial activities inside commercial vehicles.
Lawmakers explained that such activities often distract drivers, obstruct passengers and increase the likelihood of road accidents, particularly in densely populated urban areas where commercial buses serve thousands of commuters daily.
The bill also introduces stricter sanctions for motorists who refuse to cooperate with Federal Road Safety Corps (FRSC) officials during roadside enforcement exercises.
Under the proposed law, any driver who declines to undergo a breathalyser test when reasonably suspected of driving under the influence of alcohol or drugs would face a N50,000 fine, six months’ imprisonment, or both upon conviction.
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The Senate further approved a substantial increase in penalties for driving under the influence of alcohol or intoxicating substances. If the bill receives presidential assent, offenders would be liable to a N100,000 fine, replacing the current N5,000 penalty, in addition to a possible two-year prison sentence or both.
The amendment also raises the punishment for violating traffic lights, road signs, pavement markings and other traffic control devices to N100,000, reflecting the government’s determination to improve discipline on Nigerian roads.
Motorists caught exceeding speed limits would equally face a N100,000 fine, replacing the existing N5,000 sanction.
Similarly, reckless driving would attract a N100,000 fine, imprisonment for up to two years, or both, depending on the severity of the offence.
According to the revised schedule attached to the legislation, the Senate reviewed 52 traffic offences, increasing penalties across most categories to reflect present-day economic realities and strengthen deterrence against dangerous road behaviour.
The amendment seeks to modernise the FRSC Act by expanding the enforcement powers of the corps, strengthening compliance with traffic regulations and improving public safety through stricter enforcement measures.
Road safety experts have repeatedly argued that many penalties under the existing law had become obsolete due to inflation and no longer served as effective deterrents against traffic violations.
Data from the Federal Road Safety Corps consistently identifies speeding, dangerous driving, drunk driving, driver distraction, overloading and disregard for traffic signs among the leading causes of road crashes in Nigeria, resulting in thousands of deaths and injuries every year.
Supporters of the amendment believe the proposed stiffer penalties will encourage greater compliance with traffic laws and ultimately reduce road accidents. However, some stakeholders have called for sustained public awareness campaigns, improved road infrastructure and fair enforcement to ensure the new penalties achieve their intended objectives without imposing undue hardship on road users.
The bill will now be transmitted to President Bola Tinubu for assent. If signed into law, it will introduce one of the most comprehensive overhauls of Nigeria’s traffic regulations in recent years, significantly increasing penalties for dozens of traffic-related offences while reinforcing the FRSC’s mandate to promote safer roads nationwide.
Senate passes Bill proposing N50,000 fine for preaching, hawking in commercial buses
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